Customer

A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a Good or a service, or a product, or an idea, obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymologically, a client is someone merely inclined to do business, whereas a purchaser procures goods or services on occasion but a customer customarily or habitually engages in transactions. This distinction is merely historic. Today customers are generally categorized into two types:

  • An entrepreneur' or trader (sometimes a commercial Intermediary) who is a dealer that purchases goods for re-sale.
  • An end user or ultimate customer who does not re-sell the things bought but is the actual consumer or an agent such as a Purchasing officer for the consumer.
  • A customer may or may not also be a consumer, but the two notions are distinct, even though the terms are commonly confused. A customer purchases goods; a consumer uses them. An ultimate customer may be a consumer as well, but just as equally may have purchased items for someone else to consume. An intermediate customer is not a consumer at all. The situation is somewhat complicated in that ultimate customers of so-called industrial goods and services (who are entities such as government bodies, manufacturers, and educational and medical institutions) either themselves use up the goods and services that they buy, or incorporate them into other finished products, and so are technically consumers, too. However, they are rarely called that, but are rather called industrial customers or business-to-business customers. Similarly, customers who buy services rather than goods are rarely called consumers.

    Latest News for: Offshore market

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    Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

    Anadolu Agency 07 Nov 2024
    The first scenario is a high-growth route, aiming for 27 GW of offshore wind energy in the next 26 years ... 'There is currently no offshore wind in any emerging market other than China,' he said and added, 'So we set up the program essentially to help countries accelerate the time it takes for them to have bankable projects.'....
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    Akastor takes Mitsui’s stake in AKOFS Offshore

    Splash24/7 07 Nov 2024
    “We believe the timing for increasing our investment in AKOFS Offshore is right, as market dynamics within the subsea well intervention and installation ......
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    South Westminster heat network to encompass 1000 buildings as ‘next big utility’ plans move forward

    New Power 07 Nov 2024
    Channa Karunaratne, head of heat networks at AECOM, said ... “This network will be the flagship network in the UK, the first new zonal scale network in a market that offers an investment potential the size of the UK offshore wind industry. Steps like this show that the UK heat networks market is open for business.” ... .......
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    What Trump’s win means for the offshore markets

    Splash24/7 06 Nov 2024
    The US elections are the number one topic today and Norwegian shipbroker Fearnleys believes that, whatever the result, it will most likely be a non-event for offshore drilling but Trump’s win will likely focus the offshore supply market more on oil and gas ... The US offshore ......
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    Akastor Buys Mitsui’s Stake in AKOFS Offshore

    MarineLink 06 Nov 2024
    ... of Mitsui’s interests in AKOFS Offshore, which cover both equity and shareholder loans ... We believe the timing for increasing our investment in AKOFS Offshore is right, as market dynamics within the subsea well intervention and installation sector are increasingly compelling....
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    Offshore vessel provider orders methanol-ready ships

    SAFETY4SEA 06 Nov 2024
    Sea1 Offshore announced that it has ordered two new next generation Offshore Energy Support Vessels from the Chinese shipyard Cosco Shipping ... range of operations, which also include the renewable energy market....
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    Thousands of election gamblers anticipate betting jackpot after Trump win

    Colorado Springs Gazette 06 Nov 2024
    Online election betting sites exploded into view in the final weeks of the election due to the way former President Trump's odds on so-called "prediction markets" sharply diverged from opinion polls, which had the race locked in a dead heat. Prediction markets can "measure crowd wisdom where no hard data is available," said Samuel S.-H....
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    Record-Breaking Bitcoin Surge Post-Trump Election: Futures Market Hints At More To Come

    NewsBTC 06 Nov 2024
    The futures market is signaling that the current Bitcoin rally, spurred by Donald Trump’s recent election victory on Tuesday, might be starting ... Additionally, perpetual futures contracts, favored by offshore investors, are now trading at their largest premiums to the spot market since March, further underscoring rising demand for leverage....
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    Offshore Wind Energy Market Outlook: Expanding Renewable Capacity And Decarbonization Goals

    MENA FN 06 Nov 2024
    (MENAFN - EIN Presswire). Global Offshore Wind Energy Market projected to grow at a CAGR of 19.4% from 2017 to 2023. Increase in demand for conventional sources of energy and Rise in demand for ... ....
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    Heat from sewers, tube and Thames could soon warm London buildings

    AOL 06 Nov 2024
    Miatta Fahnbulleh, the minister for energy consumers, said ... “This network will be the flagship network in the UK, the first new zonal scale network in a market that offers an investment potential the size of the UK offshore wind industry,” Heysham said. “Steps like this show that the UK heat networks market is open for business.”. ....
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    Breaking: Taurex to Launch Proprietary Trading Platform Atmos

    Finance Magnates 06 Nov 2024
    Are you ready? Stay tuned ... The question remains whether Atmos by Taurex will find a way to stand out in the market, especially as the list of FX/CFD brokers entering the prop trading space continues to grow ... Since then, many new players have entered the market ... Earlier, offshore CFD broker AXE also entered prop trading by acquiring Forex Funder ... .......
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    Smart Girl Math: A woman's guide to value-based investment success

    Independent online (SA) 06 Nov 2024
    Critically, I urge caution when tactically timing the markets ... We would assess sectors and make calculated decisions based on market trends ... If you’re concerned about the rand, you could opt for offshore exposure. Understand the market cycles ... I always make sure that my portfolio is well-diversified to protect against market volatility....

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